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When building an investment portfolio, most investors choose to work with a brokerage platform offering access to a wide ...
Spokespeople from both Schwab and Fidelity confirmed the decision, citing company policies that restrict access to money ...
The brokerage firms have long blocked rival money-market funds, but this year started blocking money-market ETFs as well.
Yet, the move stands out because trading platforms like Schwab and Fidelity typically don't restrict exchange-traded funds, even if those funds are in competition with existing in-house offerings.
The ETF just underwent its annual reconstitution, which means it adjusted its holdings to meet its criteria for inclusion in its portfolio. Before we get into what the Schwab U.S. Dividend ...
(Bloomberg) -- Fidelity Investments and Charles Schwab Corp. are prohibiting clients from investing in money-market ETFs on their trading platforms, an unusual move for the financial powerhouses who ...
Charles Schwab (NYSE:SCHW) and Fidelity Investments are preventing their clients from investing in money-market ETFs on their trading platforms, an unusual move for companies that tout the broad ...